Companies definition
Examples of Companies in a sentence
Investment Companies that merge or dissolve during the term of the Agreement, shall, upon payment of all outstanding fees and Out of Pocket Expenses, cease to be a party on the effective date of such merger or dissolution.
All material property and material liability insurance maintained by the Companies is in full force and effect, all premiums have been duly paid, and except as promptly notified to the Administrative Agent, no Company has received notice of violation or cancellation in respect of such material property or material liability insurance policy.
The property of the Companies, taken as a whole, (i) is in good operating order, condition and repair (ordinary wear and tear excepted) and (ii) constitutes all the property which is reasonably required for the business and operations of the Companies as presently conducted, in each case of clauses (i) and (ii) hereof, except where the failure of such representation or warranty to be true could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.
The Administrator, acting in good faith, shall have sole and exclusive authority and discretion to make all determinations and resolve all ambiguities, questions and disputes relating to the satisfaction of the Performance Goals, including, but not limited to, the extent of achievement, and any adjustments to the calculation of TSR of the Company or the Peer Companies, as necessary to reflect extraordinary corporate events not otherwise addressed herein, consistent with the intent of this Award.
The Governmental Authorizations held by the Acquired Companies are, in all material respects, valid and in full force and effect.